275 Albany Street is a prime location where New Jersey based
developers, Normandy Real Estate Partners, have decided to build a
hotel along with a reported 19-story residential tower. This
property, currently a parking lot, can be found between Traveler
and East Berkeley Streets. Originally touted to have two hotels,
the lack of support for such an idea led Normandy to the conclusion
that they will build an apartment building in its place along with
the single hotel, both of which will have classy restaurants and
first-class stores on the ground levels.
These details are derived from what we already reported in a
past blog discussing
what we were aware of back in March of this year. However, times
have certainly changed and more details have thus been released.
According to Gibson
Sothebys International Realtys own Matthew Gaskill and Alisa
Peterson, the hotel will consist of 325 rooms while there will
also be 220 apartment units in the second building with an
above-ground parking garage in between the buildings large enough
to house 165 vehicles. This alone indeed is something that Boston
will greatly benefit from as parking availability continues to
become an increasingly valuable commodity.
All indications point to the hotel, still yet to be named or
determined, as being a more affordable option for Bostons visitors
as it has been mentioned that it will be, …a low cost alternative
to current hotels. Despite this, it nonetheless will be tastefully
done and will provide guests with the exemplary service that they
have become accustom to in Boston. As a new imprint in Bostons
beautiful
South End neighborhood, these developments will undoubtedly
produce far more jobs, bring a new attraction to the city and also
a renewed sense of vibrant life to the area that currently is
admittedly in need of a refreshing image.